The AUDUSD pair trades negatively to move away from 0.7500 level, which supports the continuation of our bearish overview, which gets continuous support by the EMA50, and the way is open to head towards 0.7375 that represents our next target.
Holding below 0.7500 is important to continue the expected decline, as breaching it will lead the price to start recovery attempts and head towards 0.7615 areas initially.
The expected trading range for today is between 0.7400 support and 0.7510 resistance
The expected trend for today: Bearish
Origin: Economies
